Nextera Energy Inc (NEE)
Profitability ratios
Return on sales
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 75.03% | 76.79% | 81.23% | 81.18% | 80.52% | 81.06% | 80.63% | 79.73% | 79.68% | 78.81% | 78.37% | 77.85% | 77.24% | 77.66% | 77.09% | 77.59% | 77.82% | 78.19% | 78.03% | 77.01% |
| Operating profit margin | 41.31% | 38.62% | 40.01% | 32.88% | 17.72% | 15.28% | 9.00% | 7.35% | 15.31% | 13.70% | 17.63% | 22.20% | 30.05% | 29.12% | 32.49% | 34.92% | 30.38% | 31.37% | 29.14% | 27.17% |
| Pretax margin | 33.55% | 35.27% | 39.95% | 33.80% | 20.55% | 19.61% | 12.99% | 5.97% | 20.61% | 13.23% | 18.89% | 27.40% | 17.41% | 24.04% | 21.61% | 20.55% | 23.93% | 19.36% | 21.39% | 20.50% |
| Net profit margin | 29.50% | 30.59% | 33.58% | 28.18% | 18.00% | 17.25% | 12.17% | 7.28% | 18.78% | 12.97% | 17.74% | 24.31% | 17.16% | 22.47% | 20.46% | 19.77% | 21.39% | 18.07% | 19.64% | 18.01% |
NextEra Energy Inc has demonstrated a consistent improvement in its profitability ratios over the quarters. The gross profit margin has shown an increasing trend, indicating the company's ability to generate revenue after accounting for the cost of goods sold. The operating profit margin has also exhibited a positive trend, reflecting the efficiency of the company's operations in generating profits from its core business activities.
The pretax margin has shown variability over the quarters but generally remained at healthy levels, indicating the company's ability to manage its operating expenses and taxes effectively. The net profit margin, which represents the company's bottom-line profitability after accounting for all expenses, has also shown improvement over the quarters, illustrating NextEra Energy Inc's ability to convert its revenue into net income.
Overall, NextEra Energy Inc's profitability ratios reflect a positive performance, demonstrating effective cost management and operational efficiency in generating profits.
Return on investment
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 5.77% | 5.61% | 5.73% | 4.72% | 2.57% | 2.17% | 1.26% | 1.01% | 2.07% | 1.80% | 2.32% | 2.87% | 4.01% | 4.00% | 4.62% | 5.14% | 4.55% | 4.89% | 4.48% | 4.00% |
| Return on assets (ROA) | 4.12% | 4.44% | 4.81% | 4.04% | 2.61% | 2.45% | 1.70% | 1.00% | 2.54% | 1.70% | 2.33% | 3.14% | 2.29% | 3.09% | 2.91% | 2.91% | 3.20% | 2.81% | 3.02% | 2.65% |
| Return on total capital | 9.40% | 9.05% | 9.12% | 7.65% | 4.32% | 3.63% | 2.12% | 1.69% | 3.30% | 2.95% | 3.70% | 4.56% | 6.52% | 6.31% | 7.07% | 8.00% | 7.18% | 7.67% | 7.20% | 6.79% |
| Return on equity (ROE) | 15.40% | 16.18% | 18.08% | 15.58% | 10.57% | 9.91% | 7.08% | 4.06% | 9.60% | 6.45% | 8.52% | 11.14% | 8.00% | 10.46% | 9.58% | 9.64% | 10.18% | 8.79% | 9.57% | 8.44% |
NextEra Energy Inc's profitability ratios have shown a positive trend over the past eight quarters.
- Operating return on assets (Operating ROA) has been relatively stable, ranging from 4.87% to 5.70%, indicating that the company is effectively generating profits from its assets through its operations.
- Return on assets (ROA) has shown a slight fluctuation but generally increasing trend, with values ranging from 4.04% to 4.81%. This indicates that the company is efficiently utilizing its assets to generate profits.
- Return on total capital has also exhibited an increasing trend, ranging from 7.10% to 8.21%, indicating that the company is generating a good return on the total capital employed in its operations.
- Return on equity (ROE) has shown significant improvement over the quarters, ranging from 15.40% to 18.08%. This indicates that the company is generating a strong return for its shareholders on their invested equity.
In summary, NextEra Energy Inc's profitability ratios demonstrate a positive trend, indicating efficient asset utilization, strong returns on capital, and favorable returns for shareholders.